Heath at a glance
- Population: 11,238 (US Census Bureau, Vintage 2023 subcounty estimate), the 225th-largest of 1,224 places in Texas.
- 2020 Census base: the 2020 Census recorded 9,647 residents here (US Census Bureau).
- 2020 to 2023 change: population rose about 16.5% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Texas places: 225th of the state's 1,224 Census places (US Census Bureau).
- Size percentile: about 82% of Texas's Census places are smaller (US Census Bureau).
- Coordinates: 32.8535 latitude, -96.4636 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Rockwall, TX (5 mi); Rowlett, TX (7 mi); Forney, TX (8 mi); Fate, TX (8 mi); Mesquite, TX (10 mi); US Census Bureau population estimates.
- Nearest smaller towns: McLendon-Chisholm, TX (4 mi); Mobile City, TX (6 mi); Sunnyvale, TX (7 mi) (US Census Bureau).
What a personal loan costs in Heath
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
A lender weighs your credit profile, income and debts when setting the rate, and a longer term lowers the payment at the cost of more interest overall.
Most lenders offer pre-qualification with a soft credit pull, so you can see an estimated rate and amount without affecting your credit score.
Texas lending rules that apply in Heath
The table lists the Texas rules that apply to a loan made in Heath, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| Payday lending status | Legal via licensed credit access businesses (payday/title-loan brokers); the third-party lender itself is not licensed (Tex. Fin. Code ch. 393) Source says: the credit access business that serves as the broker is the licensee in this regulated industry | Texas Office of Consumer Credit Commissioner (OCCC) as of 2026-09-16 |
| Small-loan / installment lender licensing | License required for non-depository lenders charging more than 10% interest; Chapter 342 governs consumer loans (Tex. Fin. Code § 342.051) Source says: Non-depository lenders who engage in making, transacting, or collecting loans with a rate of interest greater than 10% must be licensed by the OCCC. | Texas Office of Consumer Credit Commissioner (OCCC) as of 2026-09-16 |
| State lending regulator | Texas Office of Consumer Credit Commissioner (OCCC) Source says: The OCCC licenses and regulates non-depository lenders in the state of Texas. | Texas Office of Consumer Credit Commissioner (OCCC) as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 10% per year maximum; a greater rate is usurious unless otherwise provided by law (Tex. Fin. Code § 302.001) Source says: The maximum rate or amount of interest is 10 percent a year except as otherwise provided by law. | Texas Legislature (Texas Constitution and Statutes) as of 2026-09-16 |
How to compare offers in Heath
These steps are the ones that most affect the offer you receive in Heath:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Texas using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.